Divorces that involve high asset individuals are always complicated and interesting to watch. If such a high net worth divorce concerns a celebrity, publicity makes the divorce proceeding more interesting. Such is the case with the divorce of celebrity couple Bethenny Frankel and Jason Hoppy.
According to sources, the former reality star has filed for divorce from her husband Jason Hoppy. The details of her divorce settlement demands have become public. It has been confirmed that Bethenny Frankel's demands may be quite expensive for Jason, who made quite a lot of money from real estate development. The star, who herself is supposedly worth between $25 million and $55 million, wants child support, primary custody, permanent residency and a lot more.
According to court documents filed by her, Bethenny wants child support that will be retroactive from the date that she filed for divorce. She also wants life insurance for her and their young child, as well as medical, dental, optical, therapeutic and orthodontic expenses for her and their child. Additionally, she wants live in the house that the couple shared.
She also wants primary custody of their two-year-old daughter. Bethany also wants the court to enforce a prenuptial agreement that the couple signed before they got married.
Individuals involved in such high asset divorce disputes and complex asset division should understand the complexity of the financial aspects of the divorce before proceeding. These divorces may be more difficult and time-consuming because of the large and complex asset division that will likely take place. However, with the right help, individuals may be able to craft favorable settlements that protect the couple's net worth.
Source: NY Post.com, "Bettheny Frankel asking for child support: report," Jan. 7, 2013